. DIKO, the centrist party that suffers from the Jekyll-and-Hyde syndrome on almost every issue that affects the nation, has once again shot itself in the foot and does not seem to be able to find a way out of the dilemma it faces. Little did the “as the wind blows” party know that when
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. By Pavlos Loizou Many investors seek to find parallels between Cyprus and Ireland, trying to convince themselves that the V-shaped recovery of the Cyprus economy and of the real estate market are fast approaching. Both countries are island-states, former British colonies, have a small population, and a significant portion of foreign direct investment. They
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. By Antonis Loizou F.R.I.C.S. – Antonis Loizou & Associates Ltd – Real Estate & Project Managers I wonder if there are any people in this place with little brains wishing to destroy the Cypriot economy, especially when it is on the way to recovery. I wonder, then, with what logic shops must be closed
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The Silk Road Spirit A towering Chinese initiative: The Silk Road Spirit By Dr Andrestinos N. Papadopoulos, Ambassador a.h. Who does not know the Silk Road and the stories of Marco Polo, which for generations nurtured the peoples of Asia, Europe and Africa who benefited from the opening up of new routes of trade and
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By Alex Gurr, Market Analyst at FXTM The USD has softened once again following its trade deficit being announced even wider than expected. As a result, possible revisions are expected to GDP forecasts in the near future. Prior to the release, the USD was beginning to pick up momentum, but all gains have been erased
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By Alex Gurr, Market Analyst at FXTM The Australian dollar was the big news story on Tuesday as the Reserve Bank of Australia (RBA) cut interest rates by 25 basis points to 2.0%. The market was very volatile as a result of this move, but there are still worries for the Australian economy as it
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Local public transport strikes lead to an increased use of cars, a higher number of traffic accidents, more injuries and higher levels of air pollution, according to a new study by researchers at the Ifo Institute and the University of Passau on strikes in five major German cities. The study coincides with the week-long strike
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The UN’s chief mediator for Cyprus, Espen Barth Eide, arrived on Monday in an effort to restart the peace talks that were stalled last year when Turkey sent a survey ship into Cyprus commercial waters, as international energy giants were conducting exploration drills. The Norwegian will host a joint dinner with the two community leaders
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The government is confident that after the successful €1 bln bond issue last week, a stability in public spending and the favourable comments by rating agencies, it will return to its development programme by investing in projects that will enhance growth, once again. Speaking during the inauguration of a community project in Kato Polemidia, Limassol,
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Just over 9,000 volunteers took part in the annual “Let’s do it Cyprus!” over the weekend, collecting 22,848 kilos of rubbish that included 2,950 kilos of recyclables. In all, 9,442 people took part in the campaign that is part of the international “Let’s do it World!” effort that aims to rid natural areas from rubbish,
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